Arecor Therapeutics Balance Sheet

Financials in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	3	3.24	5.09	4.77	18.32
Short-Term Investments	3.13	0.02	1.66	8.04	-
Cash & Short-Term Investments	6.13	3.26	6.75	12.81	18.32
Cash Growth	88.21%	-51.76%	-47.27%	-30.08%	532.02%
Accounts Receivable	0.63	2.53	2.27	0.66	0.71
Other Receivables	0.24	1	1.06	2.16	0.86
Receivables	0.87	3.53	3.32	2.82	1.57
Inventory	-	0.48	0.77	1.13	-
Prepaid Expenses	-	0.97	0.32	0.72	0.63
Other Current Assets	0.7	-	-	-	-
Total Current Assets	7.7	8.23	11.17	17.48	20.52
Property, Plant & Equipment	0.3	0.4	0.83	0.84	0.33
Goodwill	-	-	1.48	1.48	-
Other Intangible Assets	0.02	0.03	1.81	1.92	0.03
Other Long-Term Assets	0.09	0.06	0.08	0.05	0.05
Total Assets	8.1	8.72	15.38	21.77	20.92
Accounts Payable	1.42	1.02	2.25	1.71	0.52
Accrued Expenses	-	1.78	2.13	1.27	1.17
Current Portion of Leases	0.1	0.12	0.12	0.2	0.13
Current Income Taxes Payable	-	0.09	0.1	0.12	0.09
Current Unearned Revenue	-	0.09	0.23	0.21	0.35
Other Current Liabilities	0.1	0.16	0.32	0.22	0.02
Total Current Liabilities	1.61	3.26	5.15	3.73	2.27
Long-Term Leases	0	0.11	0.22	0.09	0.11
Long-Term Deferred Tax Liabilities	-	-	0.45	0.5	-
Other Long-Term Liabilities	0.04	0.01	0.03	-	-
Total Liabilities	1.65	3.37	5.85	4.31	2.37
Common Stock	0.38	0.38	0.31	0.31	0.28
Additional Paid-In Capital	34.68	34.68	28.98	28.98	23.35
Retained Earnings	-44.29	-44.96	-34.72	-26.18	-17.05
Comprehensive Income & Other	15.69	15.25	14.97	14.35	11.97
Shareholders' Equity	6.45	5.35	9.53	17.46	18.55
Total Liabilities & Equity	8.1	8.72	15.38	21.77	20.92
Total Debt	0.1	0.23	0.34	0.29	0.23
Net Cash (Debt)	6.03	3.03	6.41	12.52	18.09
Net Cash Growth	99.41%	-52.84%	-48.76%	-30.78%	1902.77%
Net Cash Per Share	0.18	0.09	0.21	0.43	0.79
Filing Date Shares Outstanding	33.2	37.76	30.63	30.62	27.84
Total Common Shares Outstanding	33.2	37.76	30.63	30.62	27.84
Working Capital	6.09	4.98	6.02	13.75	18.25
Book Value Per Share	0.19	0.14	0.31	0.57	0.67
Tangible Book Value	6.44	5.32	6.23	14.05	18.52
Tangible Book Value Per Share	0.19	0.14	0.20	0.46	0.67
Machinery	-	1.44	1.18	1.17	0.76
Leasehold Improvements	-	0.16	0.14	0.1	0.08

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.